According to the Australian Bureau of Statistics, there are over two million actively trading business in Australia, with transport, postal and warehousing accounting for the largest growth areas.
Rapid change in legislation, technology, government investment, and demographics means keeping abreast of management issues is increasingly difficult. An uncertain global forecast due to trade wars and the replacing of international trade agreements will also add to the challenges ahead in the Australian business environment. Since the late 1990s, government labour policy has incentivised employees to become contractors, effectively small independent businesses, with the construction industry leading the way in this trend.
Furthermore, technology has begun to play a large part in business practices. Particularly in relation to how marketing, operations, finances, and human resources conduct themselves in the increasingly globalised and connected industry. New laws and ethical quandries now permeate the realities of the business industry requiring adaptation, flexibility, and critical assessment. For example, busines spractices related to consumer privacy and data-mining, have ethical complications which require navigation and balance between a business’ right to maintain a competitive advantage of their competitors and the individual rights of the consumer.
Furthermore, from small to multi-national firms, all businesses are affected to some extent by governmental interference. Experts within this field would be able to provide a compelling insight into how governmental discretion may contribute toward their decision making processes. This would be particularly useful in detailing the legitimacy and efficacy of a decision-maker’s policy, if the matter in question, related to issues of public administration.
Experts in the business industry would be able to offer expertise such as identification of reasons for business insolvency, identification of a specific target market, assessment of marketing campaigns in relation to whether they contravene ethical industry standards, examine the efficacy of a business’s operations, financial capacity, human resources management, and marketing procedures. The specific specialisation and background needed in your business expert will be determined by the matter which requires examination.
At the bottom of this profile are brief details of a number of the experts that Expert Experts represents. Call our office to discuss your requirements and to obtain a recommendation that suits your needs and budget.Expertise in Action
Our experts in business will have experience in the formation and management of businesses of various sizes in many sectors throughout Australia, from small local firms to large multinationals. Our experts can offer opinions in cases related to business finance, insolvency, commercial and contract law, mergers and acquisitions, human resources, governance, payroll, marketing, valuations, property, taxation, consumer protection issues, administration and government compliance, research grants, international trading, intellectual property, and insurance. Experts in business may be asked to offer opinions in all cases where corporations, governments, charities, NGOs, are involved in litigation with businesses.Sample Reports
For some fields of expertise we have some sample sections of de-identified reports. Please contact our office if you are interested in a sample.Cost
The overall cost of expert opinion depends on the services required. Some of the key factors that affect the cost of advice include:
- The need for a view or inspection of a location
- The quantity of documentary material to be reviewed
- Whether there are reports of other experts to be reviewed and commented on in detail
- Whether there is a need for conferences with the expert either in person or by telephone/Skype
The federal government has adopted an industry-wide framework for digital invoicing, paving the way for rapid take-up of electronic invoicing in government and the creation of a de facto national electronic payment system.Millions of Australians missing out on superannuation, amid rise of gig economy
Millions of workers are missing out on superannuation or failing to gain enough superannuation to secure a decent retirement, sparking calls for the entire system to be overhauled.More small businesses are now eligible for loans of up to $5 million under an expanded federal scheme
This article relates to an expanded federal scheme which would allow businesses to access loans of up to $5 million more easily. The purpose of these loans would be to reinvigorate the business industry by supporting investment whilst refinancing existing debt.Relevant Cases Bingo Holdings Pty Ltd v GC Group Company Pty Ltd  NSWCA 184 (23 August 2021)
This civil matter relates to breaches of consumer law by a proprietary business. This matter relates to damage occasioned by way of construction services.In the matter of Idylic Solutions Pty Ltd - Australian Securities and Investments Commission v Hobbs  NSWSC 1276
ASIC contended that 14 investment schemes were a financial product within the meaning of the Corporations Act for which an Australian financial services licence was required. Experts in business were consulted.Related Blog Articles
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